St Joseph, MO          Mon, Jun 05, 2023      USDA Market News
Daily Livestock Slaughter under Federal Inspection

                               CATTLE    CALVES       HOGS      SHEEP
Monday 06/05/2023              121,000    1,000     467,000     9,000
Week ago                         2,000    1,000       3,000     1,000
Year ago (act)                 123,000    1,000     473,000     8,000
Previous Day                      Steer & Heifer        Cow & Bull
                      Friday          96,000              28,000
                      Saturday        59,000               8,000

**Revised Friday Hog Slaughter..466,000 / New Week To Date..1,909,000**
               **New Saturday Week To Date..2,028,000**

INDEXES
                      06/02  06/01  05/31  05/30  05/29  05/26  05/25
CATFAX FED 6 STATE   180.99 181.65 179.53 176.53 176.11 177.55 178.30
CATFAX FED 3 STATE   177.62 177.77 176.00 170.87 170.79 170.50 171.00
CME FEEDER           216.12 208.04 208.07 207.18 207.61 207.62 209.86
CME LEAN HOG         *81.21  80.52  79.63  79.53   NA    80.08  80.48
3 Area LEAN HOG       78.48  77.74  76.91  76.47   NA    77.48  77.77
NA = Not Available \ **NA = Not Available Due to Packer Submission Issues.
+ Before the CME Feeder price indicates a revision by the CME.
* = Projection. CME projected Lean Hog Index, is only an estimate that 
may vary one or two cents from actual.

NOTES: 3 AREA LEAN: 3 area lean value base cost for 51-52% lean hogs
CATFAX FED 6 STATES: Iowa, Colorado, Kansas, Nebraska, Texas, and Oklahoma
CATFAX FED 3 STATES: Kansas, Texas, and Oklahoma

PORK

Des Moines, IA        Mon, Jun 05, 2023      USDA Market News

NATIONAL DAILY PORK REPORT FOB PLANT - Negotiated Sales

PORK CARCASS       CUTOUT      CHANGE     TOTAL LDS
06/05 MORNING     $ 92.78       +8.06      154.30
06/05 AFTERNOON   $ 89.06       +4.34      295.00

CARLOT PORK                 OPEN       CLOSE
 DATE                      06/05       06/05
 LOADS - CUTS             138.20      266.67
 LOADS - TRIM              16.10       28.33
 LOINS 1/4" Trim VAC      108.32      104.11
 LOINS BNLS CC Strap On   142.85      140.80
 HAMS - Trm Sel  17-20#    83.85       83.85
        Trm Sel  20-23#  No Test       81.39
        Trm Sel  23-27#    78.72       82.54
 BELLIES  Skn-on 10-12#   219.78      229.35
 BOXED    Skn-on 12-14#  No Test     No Test

BEEF

Des Moines, IA        Mon, Jun 05, 2023      USDA Market News

NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated 
                ESTIMATED BOXED BEEF CUT-OUT VALUES

Based on negotiated prices and volume of boxed beef cuts delivered 
Within -21 days and on average industry cutting yields. Values reflect
U.S. Dollars per 100 pounds.

                    MORNING             AFTERNOON
BEEF CUTOUTS    OPEN      CHNG       CLOSE     CHNG
                     06/05                06/05
 CH 600-900#    $313.69   +3.76      $314.19   +4.26
 SE 600-900#    $296.09   +5.16      $296.73   +5.80
   LOADS     
     Choice cuts      25.58                49.37
     Select cuts      10.03                16.87
     Trimmings         8.14                 9.83
     Coarse Grinds    11.11                21.92
     CH/SEL SPREAD   $17.60               $17.46

POULTRY

06/05 Daily Turkey Market - Frozen Grade A basted equivalent processor
offering prices on a national basis (FOB for current deliveries).
 8-16 lb hens $133 to $158 cents FOB
16-24 lb toms $133 to $155 cents FOB

06/01 - Weekly Poultry Slaughtered Under Federal Inspection
Young Chickens - for the Week Ending: 05/27      Week Ago    Yr Ago
                                     171,437     169,995     168,489

06/02 Weekly National Chicken Report 
National Composite Whole Bird for the Week Ending: 05/26/2023
      Wtd Avg    Chg         Range         Wk Ago Avg
      $142.81   -0.23   $121.00-$170.00     $143.04

05/31 - Weekly Egg Sets & Chicks Placed
Weekly Egg Sets for the week ending 05/27 - 241 million, down 1% from a year 
ago.
Chick placement for the week ending 05/27 - 188 million, down 1% from a year
ago.

06/05 - New York Eggs
All prices are unchanged. The undertone is steady. Retail and food service
demands are moderate to instances fairly good. Offerings are moderate to at
times light. Supplies are mostly moderate. Market activity is moderate. 

Extra Large    123-127
Large          121-125
Medium         112-116